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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: radames who wrote (25556)	9/11/1999 3:51:00 PM
From: Benkea	Respond to of 99985

CRB looking good (depending on which side of which equities you are on): securitytrader.com The oil & oil services are rocking as well: securitytrader.com securitytrader.com

To: radames who wrote (25556)	9/11/1999 6:35:00 PM
From: Jon K.	Respond to of 99985

ebay lately,it is up 88 points from 4 weeks ago,and is worth 20 billion ,,,now that is ridiculous!!!!! Time to short EBAY again? Don't you think too much exuberance in the air for high tech stocks? I think the big hammer is warming up again to slam the market next week. jk

To: radames who wrote (25556)	9/11/1999 9:22:00 PM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 99985

I have been watching EBAY also. My short term system gave a sell on it but this system did not do very well during the long drop it had either so I am unsure if I should trust it. It didn't do bad but the recommended trades were not extreme winners either. The nuts are hard to trade so I am just doing a look and see this go around to see how it does. Vitas - Great post but I would have moved #6 to the #2 slot. I think initial capital helps greatly as you are more satisfied with small gains on a lot of cash than trying to hit homeruns when starting with a small amount so #1 is a valid headliner. However I feel controlling the emotions ranks up there in the top also as I am still fighting a losing battle with that one. When a trade goes horribly wrong, it is very difficult to just walk away and fight the urge to immediately make it back by over trading or stretching the limits. That is what my main sin was Friday. Had I walked away, I would have lost about 7% or even could have made a small profit if I had closed my trade when my quote feed went dead. By holding then realizing I was in dep kimshee, I tried to work my way out and lost 50%. Emotions ruin the best of plans. Once you feel yourself getting emotional or rationalizing, close the trade and watch some TV or paper trade few times to get back in sync. (note the high percentages are normal in options) Jon K - My cycles are pointing to 2-3 weeks for a top unless we either break down early or have a blow off top. If this week is up as I expect it to be, I will be on full bear alert the following week until we either ease some of this pressure or the FOMC meets. I fully expect some ugliness the latter half of this month. I just hope I have some of my cash back to short the living snot out of it before it does so. <g> I think we are experiencing another round of irrational exuberance mixed with sector rotation. Note the IT services sector took off as I thought it might but I didn't think it would be to this extreme. Also selected internuts are moving pushing the IIX, INX and DOT to resistance areas. All this is being done using the cash from sold off financial and telecom stocks. The software index is maxxing out and PC stocks are also running up for no reason other than the good news of 2 companies. Good Luck, Lee

To: radames who wrote (25556)	9/11/1999 10:54:00 PM
From: P.Prazeres	Respond to of 99985

This week's internal indicator's charts are now uploaded. you can view them at: stockmotions.com Paulo stockmotions.com

To: radames who wrote (25556)	9/12/1999 12:29:00 AM
From: Monty Lenard	Read Replies (3) \| Respond to of 99985

Now now radames. That is not ridiculous. That is just smart investors seeing a bargain. A pooling of ignorance. Based on the new book coming out about DOW 36,000 and the market being extremely undervalued, I would think you would want to buy some yourself. It may go up another 88 dollars in the next 4 weeks. Or....if the DOW is at 11+ and should be at 36...then by extrapolation, one could say EBAY should be worth at least 325 to 400 (conservatively). I mean look at MU...some analyst says it is a 250 dollar stock. Plus Abby says the S&P will go to 1385!!! Don't miss this golden opportunity...get some while it lasts. There may not be any left if you don't hurry. Monty PS I noticed that in our elections coming up here in the crookedest state in the union(La), we get to decide if the state can invest in the stock market. Now knowing that our politicians here are the only honest ones around, I am sure I will vote to allow them to do just that. Whaddaya think?